Press release
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for October 2021, includes Reg.-NMS Execution Statistics
GREENWICH, Conn.--(BUSINESS WIRE)-- Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic
About this update from Interactive Brokers Group, Inc.
[{"type":"text","content":" GREENWICH, Conn.--(BUSINESS WIRE)--\nInteractive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for October.\n\nBrokerage highlights for the month included:\n\n\n2.305 million Daily Average Revenue Trades (DARTs)1, 31% higher than prior year and 2% higher than prior month.\n\n\nEnding client equity of $380.9 billion, 64% higher than prior year and 8% higher than prior month.\n\n\nEnding client margin loan balances of $53.7 billion, 69% higher than prior year and 7% higher than prior month.\n\n\nEnding client credit balances of $87.2 billion, including $2.6 billion in insured bank deposit sweeps2, 22% higher than prior year and 1% higher than prior month.\n\n\n1.58 million client accounts, 57% higher than prior year and 3% higher than prior month.\n\n\n333 annualized average cleared DARTs1 per client account.\n\n\nAverage commission per cleared Commissionable Order3 of $2.48 including exchange, clearing and regulatory fees. Key products:\n\n\n\n\n\n\n\n\nOctober 2021\n\n\n\nAverage Commission per\n\n\n\n\nAverage\n\n\n\n\n\n\n\n\n\n\n\nCleared Commissionable Order\n\n\n\n\nOrder Size\n\n\n\n\n\n\n\nStocks\n\n\n\n\n$1.72\n\n\n\n\n\n\n1,586 shares\n\n\n\n\n\n\n\nEquity Options\n\n\n\n\n$3.60\n\n\n\n\n\n\n6.7 contracts\n\n\n\n\n\n\n\nFutures\n\n\n\n\n$4.24\n\n\n\n\n\n\n3.0 contracts\n\n\nFutures include options on futures. We estimate exchange, clearing and regulatory fees to be 55% of the futures commissions.\n\nOther financial information for Interactive Brokers Group:\n\n\nGLOBAL4: The value of the GLOBAL, reported in U.S. dollars, increased by 0.05% in October.\n\n\nIn the interest of transparency, we quantify our IBKR PRO clients’ all-in cost of trade execution below.\n\nFor the full multimedia release with graph see link:\n\nhttps://www.interactivebrokers.com/MonthlyMetrics\n\n\nIn October, IBKR PRO clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 3.5 basis points of trade money5, as measured against a daily VWAP6 benchmark (3.5 basis points net cost for the rolling twelve months).\n\n\n\nIBKR PRO Clients' Reg.-NMS Stock Trading Expense Detail\n\n\n\n\n\n\n\n\n\n\n\n\n\nAll amounts are in millions, except %\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPrevious\n\n\n\nNov '20\nDec '2...